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Bullboard - Stock Discussion Forum Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol... see more

NDAQ:TLRY - Post Discussion

Tilray Brands Inc > LOL! Poser Clown Shorts Getting Roasted & Just Desserts
View:
Post by Savage97 on Jul 16, 2024 8:13pm

LOL! Poser Clown Shorts Getting Roasted & Just Desserts

$TLRY shares have gained 13.02% over the past month, outpacing the Consumer Staples sector's gain of 0.85% and the S&P 500's gain of 3.82% in that time.

The global medical cannabis industry is projected to reach an estimated $77.13 billion in value by 2032 according to a new market report by Straits Research. Straits Research describes itself as “a market intelligence company providing global business information reports and services.”

“As per the latest report by Straits Research, the global medical cannabis market size was valued at USD 17,075.39 million in 2023. It is expected to reach USD 77,134.83 million by 2032, growing at a CAGR of 18.24% during the forecast period (2024–2032).” Straits Research stated in a press release.

$$$

Comment by quinlash on Jul 16, 2024 10:09pm
The cannabis stocks I monitor are all doing well as of late.  I'll go out on a limb and say that Trump's appointment of a pro cannabis VP is adding optimism that the higherr multiples will be seen in these stocks once again. As for Shorts, they are all under contract to buy (cover) every share they sold short on so it's more of an opportunity than a concern for me. JMHO 
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